Branford, CT 06405 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Branford, CT—06405

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$439,000

3.3% YoY Growth

Household Income

$97,200

21.4% YoY Growth

Days on Market

13.0% Longer YoY

Home Price Forecast

3.7%

Median Rent

$2,600

30.6% YoY Growth

1-Bed Rent

$1,800

N/A

2-Bed Rent

$2,500

23.9% YoY Growth

3-Bed Rent

$3,100

15.1% YoY Growth

Home Price Trends — Branford, CT

As of Dec '25, the median home price in Branford, CT is $439,000, with a year-over-year change of 3.3%. This indicates that home prices in Branford, CT are increasing. According to Zillow, the 1-year price projection is 3.7%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$439,000	3.3%
Single Family	$543,000	3.0%
Condos	$310,000	6.2%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Branford, CT

As of July '25, Rentcast reports the average rent in Branford, CT is $2,840, with a year-over-year rent change of -30.6%. Per bedroom, the median rent as of July '25 in Branford, CT is studios: $2,200, 1-bedrooms: $2,110, 2-bedrooms: $2,510, 3-bedrooms: $3,550, 4-bedrooms: $3,390. The most common rental property sizes in Branford, CT are 2-bedroom and 1-bedroom, accounting for 46.5% and 31.8% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$2,600	$2,840
Studio Rent	$1,900	$2,200
1 Bed Rent	$1,800	$2,110
2 Bed Rent	$2,500	$2,510
3 Bed Rent	$3,100	$3,550
4 Bed Rent	$3,500	$3,390

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% of Rental Stock

Studio

4.3%

1 Bedroom

31.8%

2 Bedrooms

46.5%

3 Bedrooms

15.2%

4 Bedrooms

1.1%

5+ Bedrooms

1.0%

Property Listings — Branford, CT

As of Dec '25, Realtor.com reports that the median days on market for a home in Branford, CT is 51. This is a increase of 5.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 14.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$712,000	51.0%
Listing Count	72	-8.0%
Listings as % of Homes	0.4%	-8.0%
Days on Market	69	13.0%

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Demographics — Branford, CT

As of the latest ACS Survey released in 2023, Branford, CT has a population of 28,100, which has remained stable by 1.0% over the past 5 years. Branford, CT is a less popular place for families, as children make up 14.1% of the population. The area has a highly educated workforce, with 49.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 16.2% reporting working from home.

Metric	Latest Census	YoY % Change
Population	28,100	1.0%
% Under 18	14.1%	-11.3%
% Seniors	28.8%	30.3%
% WFH	16.2%	285.7%
% w/ College Degree	49.5%	11.2%

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As of the latest ACS Survey released in 2023, Branford, CT is a predominantly white area, with 84.5% of the population identifying as white. The white population has shrunk by 3.9% in the last 5 years. The second most common race or ethnicity in Branford, CT is hispanic, making up 5.4% of the population. Foreign-born residents account for 9.8% of the population in Branford, CT, and this percentage has increased by 16.7% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	84.5%	-3.9%
% Black	3.2%	166.7%
% Hispanic	5.4%	3.8%
% Asian	4.4%	7.3%
% Foreign Born	9.8%	16.7%

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Mortgage and Risk — Branford, CT

According to HUD data as of 2023, there were 503 mortgage originations in Branford, CT, of which 92.0% of loans were conventional mortgages. The average loan-to-value was 55.0%, with 14.0% above 90% LTV (elevated). This implies medium mortgage risk in Branford, CT. Investor activity is low, as 2.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	503
% Conventional Loans	92.0%
% Government Loans	8.0%
% Investor Loans	2.0%
% Second Loans	1.0%
% Cash Out Refinance	15.0%

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Rentals and Section 8 — Branford, CT

As of 2024, the percent of homes in Branford, CT under the Section 8 program is 3.5%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Branford, CT, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.

Section 8 Market Size

Total Units under HUD	173
Total Units Section 8	173
% Rentals under Section 8	3.5%
% Occupied Section 8	93.5%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	-$190	$1,800	$1,610
2 Bedroom	-$530	$2,500	$1,970
3 Bedroom	-$650	$3,100	$2,450
4 Bedroom	-$740	$3,500	$2,760

Branford, CT—06405

Key Metrics at a Glance

Home Price Trends — Branford, CT

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Branford, CT

% of Rental Stock

Property Listings — Branford, CT

Demographics — Branford, CT

Race and Ethnicity

Mortgage and Risk — Branford, CT

Mortgages

Rentals and Section 8 — Branford, CT

Section 8 Market Size

Section 8 Opportunity

Affordability — Branford, CT

Home Price to Income Ratio

Branford, CT — ZIP Code Boundary Map

Nearby ZIP Codes

North Branford, CT

East Haven, CT

New Haven, CT

North Branford, CT

Guilford, CT

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.7
Median Home Price	$439,000
Median Household Income	$97,200

Branford, CT—06405

Key Metrics at a Glance

Home Price Trends — Branford, CT

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Branford, CT

% of Rental Stock

Property Listings — Branford, CT

Demographics — Branford, CT

Race and Ethnicity

Mortgage and Risk — Branford, CT

Mortgages

Rentals and Section 8 — Branford, CT

Section 8 Market Size

Section 8 Opportunity

Affordability — Branford, CT

Home Price to Income Ratio

Branford, CT — ZIP Code Boundary Map

Nearby ZIP Codes

North Branford, CT

East Haven, CT

New Haven, CT

North Branford, CT

Guilford, CT

Frequently Asked Questions

What is the average home price in Branford, CT 06405?

How have home prices in Branford, CT 06405 changed over the past year?

What is the home price projection for Branford, CT 06405?

What are the demographics of Branford, CT 06405?

How long does it take homes to sell in Branford, CT 06405?

What is the average rent price in Branford, CT 06405?